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Exclusive-GE Vernova, Siemens Energy in talks to supply gas turbines for Syria reconstruction, sources say
Yahoo Finance· 2025-11-13 05:02
Group 1 - U.S. firm GE Vernova and Germany's Siemens Energy are in discussions to supply gas turbines for a $7 billion project aimed at rebuilding Syria's war-damaged power sector [1][2] - The project includes the construction of four combined-cycle gas turbine power plants with a total capacity of 4,000 megawatts, along with a 1,000-MW solar component [2] - The successful conclusion of contracts would position Siemens Energy and GE Vernova as among the first Western companies to benefit from Syria's power sector reconstruction following the lifting of most sanctions by the U.S. [4] Group 2 - The talks may extend beyond turbine supply to include critical power grid infrastructure [3] - Following the civil war, Syria currently produces only a fraction of the electricity it requires, although power supply has improved recently due to gas imports from Azerbaijan and Qatar [6][7] - U.S. firms such as Baker Hughes, Hunt Energy, and Argent LNG are also planning to support post-war reconstruction efforts in Syria, focusing on oil and gas exploration and power production [6]